Plan Ledger DOL Form 5500 · updated monthly

Allied First Bank, Sb dba Servbankbenefits

Allied First Bank, Sb dba Servbank Health and Welfare Plan · OSWEGO, IL · plan year 2023

Broker compensation reported · 2023
$179,566

Allied First Bank, Sb dba Servbank's benefits plans covered 220 active participants in 2023, providing health · dental · vision. Insurance brokers and agents were paid $179,566 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $816 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20235
BLUECROSS BLUESHIELD OF ILLINOIS · healthpremiums n/a · 257 covered
BLUECROSS BLUESHIELD OF ILLINOIS · health dentalpremiums n/a · 220 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 88 covered
BLUECROSS BLUESHIELD OF ILLINOIS · healthpremiums n/a · 305 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 104 covered
Brokers & agents paid · 20236
GALLAGHER BENEFIT SERVICES INC.$168,780 · incl $7,553 fees
ALLIED FIRST BANK$2 · incl $2 fees
Also brokered by Gallagher5
Prisma Health SC$6,161,180

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 363899872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.